Demotech, Inc. Affirms the Financial Stability Ratings® Assigned to Risk Retention Groups


Columbus, Ohio, June 8, 2011: Subsequent to its review of the first quarter 2011 statutory financial statements, , Demotech, Inc. has affirmed the following Financial Stability Ratings® (FSRs) assigned to Risk Retention Groups (RRGs).  FSRs are a leading indicator of the financial stability of RRGs and present Demotech’s opinion of the ability of the insurer to meet its insurance related obligations based upon our assessment of financial stability.

 

Risk Retention Group

NAIC #

Financial Stability Rating®

Aegis Healthcare RRG, Inc.

12252

A, Exceptional

Allied Professionals Insurance Company, RRG

11710

A′ (A Prime), Unsurpassed

American Builders Insurance Company RRG, Inc.

12631

A, Exceptional

American Trucking and Transportation Insurance Company, RRG

11534

A, Exceptional

Applied Medico-Legal Solutions RRG, Inc.

11598

A′ (A Prime), Unsurpassed

Centurion Medical Liability Protective RRG, Inc.

11976

A, Exceptional

Charitable Service Providers Reciprocal RRG, Inc.

12167

A, Exceptional

Continuing Care RRG, Inc.

11798

A, Exceptional

Emergency Medicine Professional Assurance Company, RRG

12003

A, Exceptional

Global Hawk Insurance Company, RRG

11092

A, Exceptional

HealthCare Industry Liability Reciprocal Insurance Company, RRG

11832

A, Exceptional

Intermodal Insurance Company, RRG

11824

A, Exceptional

J.M. Woodworth RRG.

12594

A, Exceptional

Lewis & Clark LTC RRG, Inc.

11947

A, Exceptional

Midwest Provider Insurance Company, RRG

12147

A, Exceptional

National Service Contract Insurance Company, RRG

10234

A, Exceptional

New York Healthcare Insurance Company, Inc., RRG

12275

A, Exceptional

Paratransit Insurance Company, RRG

44130

A′ (A Prime), Unsurpassed

PCH Mutual Insurance Company, RRG

11973

A, Exceptional

Ponce De Leon LTC, RRG, Inc.

11809

A, Exceptional

Preferred Contractors Insurance Company RRG, LLC

12497

A, Exceptional

Sigma RRG, Inc.

13557

A, Exceptional

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm located in Columbus, Ohio.  Since 1985, Demotech, Inc. has been serving the insurance industry by providing actuarial consulting and accurate and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurance companies and Title underwriters.  FSRs are a leading indicator of the financial stability of a company.  Our rating process provides an objective baseline and insight into the future solvency of a company.  As an independent financial analysis and actuarial firm, Demotech has a proven track record of predicting financial stability in the insurance industry.  As the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD, Demotech has been leveling the playing field by offering FSRs to insurers of all sizes.

FSRs are not an endorsement of any particular insurer or its products.  Insureds and agents need to independently evaluate their relationship with a particular insurer as well as the applicability of that insurer’s products to the needs of the insured or agent.

Visit www.demotech.com for more information.